Axial Fans Market – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027

Axial ventilation fans have blades mounted on the rotating shaft, which moves air parallel to the shaft. Axial fans have wide range of applications and act as cooling fans, ceiling fans, computer cooling, and ventilation exhaust fans. These are used extensively in residential, commercial, and industrial end-use applications globally.

Driving Factors:

  • Rising awareness regarding improving indoor air quality (IAQ) and rising urbanization and development are the factors driving the growth of the axial fans market across the globe.

  • Manufacturers currently are targeting residential and commercial constructions in order to increase awareness about energy efficiency and minimize their ventilation operating costs. Certain strategies are being followed to improve IAQ by minimizing the sources of indoor air contamination, ensuring efficient ventilation, and introducing outside air into buildings and driving out polluted air.

  • Improvement of ventilation in existing infrastructure is expected to be an opportunity to increase the demand for axial fans in the global market

Market Segmentation:

  • The global axial fans market can be segmented in terms of product type, propeller type, mounting type, pressure type, end-user, distribution channel, and region.

  • In terms of product type, the global axial fans market can be divided into tube or duct fan, panel fan, jet fan, vane fan, and cylindrical fan.

  • Based on propeller type, the global axial fans market can be segregated into adjustable pitch and fixed pitch.

  • Based on mounting type, the global axial fans market can be bifurcated into wall mount, and roof mount.

  • On the basis of pressure type, the axial fans market is divided into low pressure, medium pressure, and high pressure.

  • In terms of end-user, the global axial fans market can be classified into residential, commercial, and industrial.

  • Based on distribution channel, the global axial fans market can be segregated into online distribution channels and offline distribution channels.

  • In terms of region, the global axial fans market can be segmented into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA). The North America market comprises the U.S., Canada, and Rest of North America. Europe includes the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa comprises GCC, South Africa, and Rest of Middle East & Africa. South America consists of Brazil, Mexico, and Rest of South America. In 2017, Asia Pacific has surfaced as the key contributor to the demand for axial fans and is expected to continue its dominance throughout the forecast years. However, North America is projected to register the quickest growth in the demand for axial fans in the upcoming years due to the adoption of novel technologies in axial fans.

Competitive Landscape:

  • Major companies operating in the global axial fans market are Systemair AB, Greenheck Fan Corporation, S&P Sistemas de Ventilación SLU, FläktGroup Holding GmbH, Ebm-Papst, Ventmeca Fans Inc., Polypipe Ventilation, ACME Engineering & Manufacturing, Air Systems, Inc., Zhejiang Shangfeng Industrial Holding Co., Ltd, Nortek Air Solutions, LLC, Hitachi, Ltd., Vortice, Cofimco Srl, Howden Group, Johnson Controls, Loren Cook Company, Twin City Fan, Regal Beloit Corporation (Marathon), Patterson Fan Company, Zhejiang Yilida Ventilator Co. Ltd., Kale Environmental Technology Corporation, Phuong Linh Electromechanical Manufacturing & Trading Co., Panasonic Vietnam CSKH, Kruger Ventilation Industries (Vietnam) Co. Ltd., and Mitsui Miike Machinery Co., Ltd.

  • Axial fans is a fragmented market due to the presence of various local and international players globally. Companies are focusing on product technology and add-on features that would provide extra cooling & exhausting facility and comfort to the users, in order to isolate their products from opponents.

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